Almscliffe-Dhesi completes significant property deal in Middlesbrough Feb 2, 2022 Yorkshire-based Almscliffe-Dhesi Developments Ltd has completed a significant property deal by the A66 in Middlesbrough. The flourishing property company, part of the Almscliffe-Dhesi Group, is converting a brownfield site by the SG Petch dealership into a brand-new drive-thru’ roadside location. The 6,200 sq ft development, which has received planning approval, comprises three stand-alone units which […] Posted by: Mya Driver Read more
King’s Oak to acquire McKay Securities residential conversion in £19m deal Feb 2, 2022 McKay Securities Plc (McKay), the only UK REIT specialising entirely in the South East and London office, industrial and logistics markets, announces that it has exchanged contracts to sell the freehold interest of Great Brighams Mead, a prominent office building located in Reading’s town centre, to residential property developer King’s Oak. The sale price of […] Posted by: Mya Driver Read more
British Land acquires three warehouses in £157m deal in North London Feb 2, 2022 British Land announces that it has exchanged on the acquisition of three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February. This is a development-led opportunity which aligns to our strategy of delivering new urban logistics space through the intensification and repurposing of existing buildings. It is well located within […] Posted by: Mya Driver Read more
City of Wolverhampton Council become latest city to commit to UKREiiF Feb 2, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, City of Wolverhampton Council will exhibit and showcase regional opportunities to hundreds of investors. The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) has secured City of Wolverhampton Council as a partner at May’s inaugural conference in Leeds. UKREiiF is set to bring together […] Posted by: Mya Driver Read more
Sun Venture expands London portfolio to £900m with latest acquisition Feb 1, 2022 Sun Venture has acquired 120 Moorgate, a freehold property situated in a strategic position in the heart of the City of London which is set to benefit from the opening of The Elizabeth Line at Moorgate station. They acquired the property from WeWork for £148m. The newly redeveloped freehold, which includes a striking new façade […] Posted by: Mya Driver Read more
Invesco relaunches UK Fund with ESG focus Feb 1, 2022 Invecso has relaunched its UK Companies fund as the Sustainable UK Companies Fund to capitalise on the ‘underestimated’ opportunities in the UK market. The fund will continue to be managed by Tim Marshall, and its risk profile and objectives will remain unchanged. It will use a scoring system to identify opportunities in ‘misunderstood and mispriced’ […] Posted by: Mya Driver Read more
M7 Capital loans East Kilbride Nominees Ltd £4.5m to acquire retail park Feb 1, 2022 M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £4.46 million loan to East Kilbride Nominees Ltd. The property vehicle is managed by David Samuel Properties Ltd (the “Sponsor”) who are a specialist purchaser of Commercial Real Estate assets across the […] Posted by: Mya Driver Read more
UKREiiF poaches Sales Director from MIPIM as interest in inaugural event soars Feb 1, 2022 James Parker has joined UKREiiF ahead of the inaugural event set to take place in Leeds between 17-19 May 2022. James Parker, known for heading up UK Sales for MIPIM, has today been announced as joining Built Environment Networking to work across one of their flagship event – UKREiiF (The UK’s Real Estate Investment and […] Posted by: Mya Driver Read more
Blackpool Pride of Place Partnership calls on Government to further its mission to ‘Level Up’ Blackpool’s economy by £1bn Jan 31, 2022 The Blackpool Pride of Place Partnership has today released the latest edition of its Blackpool Town Prospectus aimed at responding to the current and future needs of the local community, and building on the Government’s levelling-up agenda. The Prospectus, titled “An Agenda For Action 2030” is a long-term strategic vision for Blackpool, positioning the area […] Posted by: Mya Driver Read more
Alternative Income REIT acquires Slough showroom in £5m deal Jan 31, 2022 The Board of Directors of Alternative Income REIT PLC (ticker: AIRE), the owner of a diversified portfolio of UK commercial property assets predominantly let on long leases with inflation-linked rent reviews, is pleased to announce that the Company has completed the acquisition of the Volvo car showroom in a prime location on the A4 Bath […] Posted by: Mya Driver Read more
